One Last Fiscal Cliff Look for 2012
Last day of the year and one last look at fiscal cliff while we’re still a few hours on this side of it. Recession has been guaranteed if lawmakers can’t find solution and interest rates will rise and tax breaks expire.
What Are Parent PLUS Loans?
November 21, 2012
Be careful if you’re considering the Parent PLUS government student loan product. It’s a tough avenue to take and can haunt you forever.
New Lenders: Pawnshops
October 31, 2012
We’ve suspected it; after all, there are so many Americans who are struggling financially and who no longer have access to traditional financial products like checking accounts and credit cards. Now, though, we’ve confirmed what we’ve suspected for months: more …
New Prepaid Card Package from Wal-Mart, Amex
October 10, 2012
Wal Mart and American Express have teamed up to offer a new prepaid debit card product, Bluebird – and it offers more than any other similar card offer on the market.
Small Business Must-Know Credit Terms
August 13, 2012
Ask any small business owner what they knew about the nuances in the language their bankers spoke or their credit card terms and conditions verbiage and odds are, they’ll say it was overwhelming. Here are a few of those terms.
Amazon, Apple Fix Vulnerabilities
August 8, 2012
Two big problems surfaced for both Apple and Amazon last week when hackers were able to change a customer’s information that could have emptied his bank account. Instead, they opted to empty his digital cloud.
Mom, Dad and Your Finances
July 20, 2012
It’s not likely there’s more than a handful of folks who don’t have some outstanding “loan” with Mom and Dad – whether it’s that advance we got on our allowances twenty years ago or the mortgage their holding as a …
A Look Back: 2011 and Credit Sector
July 6, 2012
The movers and shakers in the financial sector were keeping the media busy last year. How much has changed and what about the scandals?
Citigroup Sued Over CDO Losses
May 25, 2012
Citigroup is now on the wrong end of a lawsuit filed by Woori Bank. In it, the goal is to recover losses from the Seoul-based lender’s $95 million investment in debt obligations.
Fuel Demand Down in U.S.: MasterCard
May 16, 2012
According to MasterCard, U.S. gasoline demand fell for a second consecutive week to the lowest level in two months.
Americans Reduced Credit Card Usage
May 11, 2012
Consumer spending defines 70 percent of the economy and it’s been rising at an impressive pace this past year. It appears they’re using cash far more often than their credit cards.